Yes Bank Asgaon Bhandara Maharashtra MICR CODE

Find MICR Codes for Yes Bank Asgaon Bhandara Maharashtra

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MICR Code	441822514
Bank	Yes Bank Ltd
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Bhandara Dccb Asegaon
Contact	251971
Bank Details	Yes Bank Ltd Bhandara Dccb Asegaon YESB0BHN022

Location	Asgaon, Bhandara
City	Asgaon
District	Bhandara
State	Maharashtra
Pincode	441910
Country	IN
Address	At post asgaon 441910

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 441822514 for Bhandara Dccb Asegaon branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 441822514 of Yes Bank, Bhandara Dccb Asegaon branch makes the system almost error free and faster. Use of Yes Bank MICR codes for Bhandara Dccb Asegaon branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Yes Bank Ltd are available with micr code -

>>Bhandara Dccb Asegaon

MICR code for Yes Bank Bhandara Dccb Asegaon

Yes Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Yes Bank MICR code for Bhandara Dccb Asegaon is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 441822514 is the MICR code of Yes Bank for Bhandara Dccb Asegaon branch. MICR code for Bhandara Dccb Asegaon branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Yes Bank Bhandara Dccb Asegaon is presented in the table alongside.

Use of Yes Bank MICR code for Bhandara Dccb Asegaon branch in asgaon

The MICR code 441822514 is used in RBI cheque clearing process to identify the branch Bhandara Dccb Asegaon and Yes Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Yes Bank is typically in either of these two font’s: E-138 and CMC-7.

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